Ex-Moutai boss gets adeath sentence reprieve
By Jane Chen |
January 16, 2010, Saturday
|
Print Edition
Print Edition
THE former general manager of leading liquor maker Kweichow Moutai was sentenced to death with a two-year reprieve yesterday in southwest China's Guizhou Province for taking 13 million yuan (US$1.9 million) in bribes.
He also had huge assets that he couldn't explain how he had gained, Xinhua news agency reported.
Qiao Hong, 54, had all his personal property confiscated by the Zunyi Intermediate People's Court, the report said.
The court said Qiao has taken bribes on more than 100 occasions from 22 people from the end of 2000 to March 2007 during his tenure as the liquor maker's boss, mounting to 13.23 million yuan. He also took another 2.18 million yuan in bribes with his brother Qiao Jianhua.
He had assets valued at 8.2 million yuan from unknown income sources.
Qiao had admitted to most of the crimes and returned all the money involved in the cases, the court said.
Qiao's brother Qiao Jianhua was jailed for 11 years and had 500,000 yuan of personal assets confiscated.
Qiao took the helm at Shanghai-listed Kweichow Moutai in 2000 and was credited with boosting sales of moutai, which is often served at business and government gatherings.
He left Kweichow Moutai to become deputy director of the Guizhou provincial committee of the State Assets Administration in May 2007.
Qiao was taken into custody in May 2007 for taking bribes from sponsors during the 2002 World Cup, co-hosted by Japan and South Korea, earlier reports said. He reportedly organized a World Cup trip for outstanding employees.
He also had huge assets that he couldn't explain how he had gained, Xinhua news agency reported.
Qiao Hong, 54, had all his personal property confiscated by the Zunyi Intermediate People's Court, the report said.
The court said Qiao has taken bribes on more than 100 occasions from 22 people from the end of 2000 to March 2007 during his tenure as the liquor maker's boss, mounting to 13.23 million yuan. He also took another 2.18 million yuan in bribes with his brother Qiao Jianhua.
He had assets valued at 8.2 million yuan from unknown income sources.
Qiao had admitted to most of the crimes and returned all the money involved in the cases, the court said.
Qiao's brother Qiao Jianhua was jailed for 11 years and had 500,000 yuan of personal assets confiscated.
Qiao took the helm at Shanghai-listed Kweichow Moutai in 2000 and was credited with boosting sales of moutai, which is often served at business and government gatherings.
He left Kweichow Moutai to become deputy director of the Guizhou provincial committee of the State Assets Administration in May 2007.
Qiao was taken into custody in May 2007 for taking bribes from sponsors during the 2002 World Cup, co-hosted by Japan and South Korea, earlier reports said. He reportedly organized a World Cup trip for outstanding employees.
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